CoinVoice recently learned that, according to CoinDesk, the average buying price for Bitcoin buyers in 2024 was $65,901, with the market closing at around $93,000 on December 31, resulting in an average unrealized profit margin of about 40% for buyers in 2024.
When the price of Bitcoin falls below the average buying price of a certain period, it often indicates a local bottom in price. This situation occurred once after the ETF launch in January 2024 and several times during the middle of the year; monitoring the group's average cost is a profitable trading strategy.
Entering 2025, the average cost of Bitcoin is about $95,500, with buyers making a slim profit at the beginning of the year. As of the time of writing, Bitcoin is around $96,000. [Original link]
